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- Cardano, a considerable network to mint NFTs, has recently witnessed the NFTs minted to surpass 800,000 via its NFT MAKER tool.
- NFT MAKER is said to be the first public Mint On-Demand tool operated on the Cardano blockchain.
- CardanoPeakz is a popular project that utilizes the tool to mint Non-Fungible Tokens.
Cardano is one of the most considerable blockchain networks that has emerged as a competitor to other leading blockchains, including Ethereum. And now, the number of Non-Fungible tokens (NFTs) minted atop Cardano via its tool has surpassed a massive number of 800,000.
This achievement was informed via a Tweet by NFT MAKER, a tool developed on the Cardano network to allow users to mint NFTs on demand. This platform was launched with a focus on downsizing entry barriers to the NFT marketplace and includes tools to facilitate artists to create and sell the assets without coding knowledge.
According to the Tweet, the total number of NFTs minted using the NFT MAKER tool has reached a number of 800,000.
One of the projects that utilize the tool to mint NFTs is CardanoPeakz, which created unique digital collectibles featuring some prominent mountain tops like Mount Everest, Nanga Parbat, etc.
NFT MAKER is a tool that is still emerging and is planning to grow further in the future with its own payment gateway, CNFT awards, and its NFT marketplace to be launched soon. And they are also planning on NFT licenses soon and a lot more.
Non-Fungible Tokens have become a significant attraction for digital artists and users. The NFT market has gained massive popularity lately and crossed US$40 Billion by December 2021. Several large firms and entities are getting involved in the space utilizing these NFTs to grow further or just simply to possess them. For instance, Papa Johns, one of the largest pizza delivery services, has recently started offering NFTs minted atop Tezos. The integration of NFTs to enhance growth has become a common trend now. Further, the prominent names who own or are associated with the NFTs sector are Justin Biber, Snoop Dogg, Paris Hilton, Adidas, Jimmy Fallon, Avenged Sevenfold, Katy Perry, Gwyneth Paltrow, etc.
Cardano is a third-generation blockchain platform using the PoS model. Developers utilize the Cardano blockchain platform for varied services like Digital Applications, Smart Contracts, Decentralised Finance (DeFi), currency transactions, etc.
A factor that makes the network considerably compatible with NFT minting is its scalability and capacity to handle the growth of DApps and millions of users. And Cardano is home to over 3.7 million Non-Fungible Tokens (NFTs).
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Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
